902/225 Elizabeth Street Melbourne VIC 3000

Stable tenancy profile | Sub-60sqm floorplate risk | No heritage or flood overlay | Strong rental yield opportunity. The building’s 41% long-term owner tenure signals a stable, well-maintained block, reducing special levy risk for a buyer. The 53sqm internal area is below the 60sqm threshold that most lenders and investors target for future resale liquidity; this may narrow the eventual buyer pool and constrain capital growth. Against that, a 9.06% rental yield on a comparable unit demonstrates the property’s cash-flow logic. This is a hold-and-rent decision, not a short-term flip. The corner position at Little Bourke and Elizabeth Street delivers front-row access to Melbourne’s retail and dining spine, securing a tenant profile that values walkability to work and amenities. 5G coverage and free tram zone access are functional advantages for professional or student tenants. The property best serves a buyer seeking immediate income rather than speculative appreciation, particularly one comfortable with a tighter resale market. To proceed, verify building maintenance records and strata levies for the last three years, then test buyer appetite at the higher end of the rental estimate to underwrite your return. For credibility, a comparable unit in the same building purchased for $330,000 achieved a 9.06% rental yield at $575 per week, reinforcing the current $585 weekly estimate as achievable. This consistency across similar floorplans supports income validation for debt service coverage.